Oklahoma Bankers Association
OBA News and Information
Linked In Email News

CFPB announces initiative to combine mortgage loan disclosures

The Consumer Financial Protection Bureau (CFPB) on May 18 announced the Know Before You Owe project, an effort to combine two federally required mortgage disclosures into a single form that makes the costs and risks of the loan clear and allows consumers to comparison shop for the best offer.

You can read more about the CFPB's plans in this area by clicking here.

Back to top